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Japan-Update

Apple supplier Japan Display's red ink spreads as LCD sales fall

Pivot to OLED for new iPhones threatens Tokyo-based supplier

Device parts maker Japan Display is being hit hard by a decline in LCD panel sales.

TOKYO -- Japan Display Inc. is heading for a deeper earnings slump as sales of its mainstay liquid crystal panels tumble amid a shift by major customer Apple to a newer screen technology for upcoming models.

The Tokyo-based company is likely to log its first group operating loss in the year ending March 2018 since its listing in 2014. 

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